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PWC AUDIT PROBE
PwC Hong Kong to pay Evergrande shareholders HK$1 billion in compensation, SFC saysPricewaterhouseCoopers LLP will pay HK$1.3 billion in fines and compensation to settle investigations into its auditing of collapsed proper...- Turkey launches antitrust probe into 65 audit firms, including Big Four local unitsTurkey's competition regulator has turned its spotlight on 65 auditing and financial consultancy firms, including heavyweights like KPMG, P...
- PwC troubles in China deepen with exit of Hong Kong partnersPricewaterhouseCoopers faces escalating challenges in Hong Kong due to its involvement in the China Evergrande Group audits. The firm is ex...
- PwC to slash China partners' pay after being hit by client exodusPwC has asked its China-based partners to take up to a 50% pay cut amid a regulatory probe and client departures, prompting cost cuts and l...
- Mass layoffs at PwC after exodus of clients in ChinaPricewaterhouseCoopers LLP is reducing staff in China due to declining revenue prospects and client exodus. Over 100 employees across Beiji...
- PwC names new China head amid regulatory scrutinyPwC said in a statement to Reuters on Wednesday that Shanghai-based Li assumed the role of chairman of PwC China and Asia Pacific with effe...
- Sebi challenges SAT ruling in PwC-Satyam caseThe tribunal had quashed the order but partly allowed disgorgement of the Rs 13 crore fee from the auditors concerned.
- Ministry of corporate affairs probes alleged diversion of funds by Reliance Group companiesSFIO, spearheading the investigation, may issue notices in the coming weeks.
- PwC resigns as an auditor of Eveready Industries citing inter-group transactionPwC had raised questions around Rs 62 crore in advances given to a lease hold company.
- PwC hires law firms anticipating tussle with Reliance Group, agenciesPwC has hired three law firms as it expects a legal tussle to erupt soon.
- Tip of the iceberg? PwC has a long history of controversies in IndiaPwC and its related entities in India have for long been in controversies. Here is a list of major controversies the firm has faced.
- SC notice to Centre, RBI over alleged PricewaterhouseCoopers irregularitiesSC has agreed to hear a petition for a probe against PwC for allegedly indulging in financial irregularities and fudging of accounts.
- PwC reels under Satyam crisis, faces mass exitIt could be one of the largest exoduses of people from a professional services firm within a relatively short period of time. Promotion at ...
- PwC names Gautam Banerjee on advisory board to improve audit workPricewaterhouseCoopers has named senior partner Gautam Banerjee as its representative on the five member advisory board that is being forme...
- Two PwC officials arrestedThe Andhra Pradesh state police on Saturday arrested two auditors of PricewaterhouseCoopers, Talluri Srinivas and S Gopalakrishnan, on char...
- Bharti to wait & watch on PwCBharti Airtel which has Price Waterhouse as the internal auditor on Thursday said that it would wait and watch the Satyam fraud development...
- Satyam auditors not part of PwCThe two auditors of Satyam, appointed by PwC to audit the accounts of the company, were not partners of the audit firm at that time. Satyam...
- Price Waterhouse gave wrong PAN to SatyamConfirming this ICAI has said it would take disciplinary action against the auditors and may even consider cancelling its licence. Funny si...
- PwC may be quizzed by US regulatorPricewaterhouseCoopers (PwC), which is facing a multiple-agency probe within the country for its “unreliable” audit of Satyam Computer Serv...
- J Sagar Associates to defend PwC in Satyam casePricewaterhouseCoopers seeks services of Delhi-based law firm J Sagar Associates in the Satyam Computer case.
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